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The India–United Kingdom free trade agreement is a proposed free trade agreement which began negotiations in January 2022. [1] When completed it will be the first comprehensive free trade agreement that India has signed with a European country; it is expected be the third trade agreement signed by Britain since leaving the European Union negotiated completely anew.
In the year 2024–2025, gold and its finished items (HS code 71) were the second-largest traded items with 55.846 billion US$ worth imports and 41.692 billion US$ worth re-exports after value addition, and a significant amount of this Gold is being imported from Japan as Gold Chemical Compounds to save duty and import tax free under India ...
As of 2022, India has preferential access, economic cooperation and FTA with more than 50 individual countries. The negotiations for the Comprehensive Economic Partnership Agreement between India and the United Arab Emirates were completed in 88 days, which was the shortest time span for any free trade agreement signed by India.
In 2022, The Indian delegation visited Ghana to inaugurate the office of the Central and Western Africa as Headquarter of IATC Central and West Africa. [68] [69] That same year, a MOU was signed between Indian Economic Trade Organization and Lesotho [70] as well as with Gabon for business between the two respective nations. [71]
The department has created an online portal called the India Investment Grid (IIG), an interactive investment portal providing details of sectors, states and projects in which domestic and foreign investors may sink in capital. [3] in association with Invest India, [4] India's national investment and facilitation agency. The initiative not only ...
Federation of Indian Export Organisations (FIEO) is the apex trade promotion organisation in India set up by the Ministry of Commerce, Government of India, and the private trade and industry segment in 1965. The organisation is responsible for representing and assisting Indian entrepreneurs and exporters in foreign markets.
On 9 October 1946, the Indian government established the Indian Foreign Service for India's diplomatic, consular and commercial representation overseas. With independence, there was a near-complete transition of the Foreign and Political Department into what then became the new Ministry of External Affairs .
The Parliamentary Standing Committee on External Affairs is a department related standing committee (DRSC) of selected members of parliament, constituted by the Parliament of India, for the purpose of legislative oversight of the foreign policy, and decision making of the Ministry of External Affairs. It is one of the 24 DRSCs that have been ...